Hacker News new | past | comments | ask | show | jobs | submit login

So my understanding of Jevon's Paradox is that when efficiency increases so price decreases. When price goes down then usage goes up.

What's the argument that that's garbage - or is my description not a good one?




It's impossible to tell from that argument whether total usage of the resource will be higher or lower than in the alternative universe where efficiency never increased. Usage will go up, but it might not go up enough to completely offset the efficiency gains.


> So my understanding of Jevon's Paradox is that when efficiency increases so price decreases. When price goes down then usage goes up.

No, it's the usage of the resource made efficient will be more than before, not the product.

The reason people believe it, other than annoying blogs saying it's true, is we can see as efficiencies increase price goes down and we will use the product more, so it mind hacks people about the resource

But it's really hard to ever intuitively see if the resource gets used more.

I think the original idea seems legit, it's just never been reproduced that I've ever seen. I've never seen a legit example of Jevon's Paradox outside of the original idea.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: